Thread: Do you think...
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Old 01-30-2014, 10:33 AM   #11
jd10013


 
Drives: 2012 camaro
Join Date: Feb 2012
Location: central VA
Posts: 3,199
if you mean your monthly payment is 60% of what you make then yes. if you mean you paid cash, but that amount was 60% of what you make a year then no. but paying cash when you can borrow money at 0-1.9% easily is pretty shortsighted. anyhow, with so much money tied up in your car buying a home, or even qualifying for a CC will be next to impossible.
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